Hot Off The Wire - Billtrust Press

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June 4, 2013

Billtrust, the leader in Customer Centric Billing, today announced that its employees have kicked off their first participation in the Global Corporate Challenge (GCC), the world’s largest corporate wellness initiative. On May 23, 70 Billtrust employees joined a 265,000-strong legion of fellow workers worldwide in GCC, a workplace health program designed to reverse the sedentary lifestyle habits afflicting the full-time workforce and to return sustained health and resilience to the workplace.

May 30, 2013

Billtrust, the leader in Customer Centric Billing, today further extended the versatility of its suite of SaaS-based accounts receivable automation services by incorporating SmartTrak™ into the suite’s Open API (Application Programming Interface). SmartTrak is Billtrust’s service for tracking delivery of bills through the U.S. Postal Service (USPS) and online channels; by knowing whether invoices and statements were successfully delivered to recipients, businesses can now open up new possibilities for even greater accountability and efficiency.

April 16, 2013

Outsourced billing services provider Billtrust today announced its latest “Billing Rockstar” designees, recognizing City Manager Dan Ralley and the billing professionals at the City of Petoskey, Michigan, for their forward-thinking approach to the billing process.  The “Billing Rockstar” program recognizes billing visionaries and achievers – professionals who use advanced billing tools and more efficient techniques to improve organizational performance. Billtrust awarded the City of Petoskey billing team “Billing Rockstar” status in March 2013.

April 4, 2013

Land O’Lakes is a whole lot more than butter. The Twin Cities agricultural co-operative, second largest in the U.S., serves its nearly 4,000 direct producer-members and 900 member-cooperatives not only by marketing its famous food products, but also by satisfying agricultural needs ranging from business development services to animal feed, agricultural seed and crop protection products.

Every month, Land O’Lakes sends out hundreds of thousands of invoices to its customers. Printing and mailing all those paper statements is a major cost—one that the organization sought to reduce by taking advantage of modern Web-based billing services.

March 19, 2013

Billtrust, the leader in Customer Centric Billing, today announced the immediate availability of QR codes for biller statements. The service lets consumers and businesses pay their bills online in a single step, simply by scanning the QR code with a suitably-equipped smartphone. With this new addition to their suite of payment services, Billtrust can imprint a QR code on any outbound billing document. When the recipient scans the code they are taken to a mobile web page for instant electronic payment.

March 5, 2013

Billtrust, the leader in outsourced billing services in North America, today announced the debut of its latest version of Invoice Gateway, the company’s popular EIPP (Electronic Invoice Presentment and Payment) product. Featuring a range of new enhancements, Invoice Gateway gives bill recipients greater control over how their incoming invoices are organized, viewed and paid—making the online payment process even more attractive and thereby driving greater adoption.

February 21, 2013

Outsourced billing services provider Billtrust has named financial-services executive Bruno Perreault as senior vice president, invoice central, and M&A specialist Marilyne O’Hara as vice president of acquisition integration.

January 10, 2013

Billtrust, the leader in outsourced billing services in North America, today announced a strategic merger with Best Practice Systems, a provider of end-to-end billing solutions. Together, the two companies offer a comprehensive mix of billing services that span over two dozen industries across North America.

November 28, 2012

Billtrust, the leader in Customer Centric Billing, today announced btConnect for eBanking, a new addition to the company’s suite of btConnect accounts receivable automation services. btConnect for eBanking allows billers to expedite the bill delivery and payment process by enabling consumers to receive and pay their bills at their bank’s bill pay site. This results in improved customer satisfaction, lower billing costs, and a higher percentage of electronic payments.

November 14, 2012

Billtrust, the premier provider of outsourced billing services, today announced it has closed a $25 million funding round from Bain Capital Ventures, one of the nation’s leading private equity firms. Building on a record of growth that has made it the recognized innovator in both electronic and paper-based billing solutions, Billtrust will use the capital to identify and acquire companies that will further strengthen its position atop the burgeoning billing and payments industry.

Billtrust’s choice of Bain Capital Ventures followed a lengthy review process. As part of the new relationship, Matt Harris, managing partner of Bain Capital Ventures, New York, will join Billtrust’s board of directors.

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